Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Mongkut and the Modernization Wave of the 19th Century

A 19th century Thai King, despite lacking youth, embraced modernization and all in the name of his Kingdom's independence. But he did not act alone, across Asia and Africa, many countries, facing the same imperialist threat, undertook the painful decision. This wave of modernization, however, faced mixed results with some success and many failures.

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Joseph Stalin - The Price of Success

Everyone knows Hitler as the embodiment of evil with the Allies as the forces of good. But within the ranks of these "good" stood an achiever but also a butcher greater than the defeated German leader. Joseph Stalin propelled the Soviet Union into the position of superpower at a great expense of lives, even larger than that of Hitler. He made planning trending, but also did the same for gulags, slave labor, and famine.

Iran, US, and the Forgotten World War II Lesson

The Iran Crisis of 2026 just exposed the United States has forgotten the lessons of World War II.  A War, not just fought in the seas, landing beaches, and fields, but also in factories. The role of manufacturing, mass production and cost that played a significant role the Allied Victory.

Quick Story of Singapore's Rags to Riches Journey

Rags to riches always inspires anyone, and put a country in the situation, Singapore fits the bill. A tiny island nation with small land, no natural resource, not even enough water, transformed itself through sheer vision of its leader, Lee Kuan Yew, into one of the most prosperous country in world. Through praticality and resourcefulness, they joined a bandwagon of industrializing Asian nations but twisted the rule book to fit its realities.

Quick Story of Dubai's Rise as a Global Business Hub

February 2026 ended with a bang, literaly with the US and Israel striking Iran, besides the Ayatollah, it claimed another far more consequential victim for the Gulf Region - Business Confidence. And for Dubai, confidence in its role a tourism, transportation, and financial hub.

Early Railroads of France (1815 - 1848)

Every new technology developed brings mix of reactions. Hesitations and missed expectation formed as part of birthing pains. Same goes to even technology taken for granted today, for instance, France’s reaction during the early inception of railroads.

James Mayer de Rothschild: Railroad and Banking King of France

Kings and Prime Ministers sought his advice and bow to him for loans and investments. Vast lengths of railroads and landscapes transformed by rising factories came as a result of his confidence. James Mayer de Rothschild commanded great respect within the banking world of his time driving forward France’s industrialization. How did he achieve it without holding office nor leading armies?

Doc Recap: Prime Minister Mendizabal's Decree of Disentailment of Regular Clergy

In 1836, then Spanish Prime Minister Juan Alvarez Mendizabal unleashed his decree that targeted the privatization of lands owned by religious orders with the aim of winning the ongoing Carlist War and improving agricultural production as well as overall economic situation.

Desamortizacion and the Mendizabal Reform

David Ringrose said “the way in which access to land is defined, and the social constraints imposed on its use, play a major role in the modernization process of any country.” Spain in 1836 underwent a land reform under its Prime Minister Juan Alvarez Mendizabal which many hailed as a “revolution.” But was it such an event worthy of the praise it received in many studies of Spain’s industrialization? How did it affect Spain?
Juan Alvarez Mendizabal

The Industrial Revolution in Spain

PIGS - a convenient and sarcastic abbreviation for Portugal, Italy, Greece and Spain, EU’s top economic troublemakers in the early 2000s. Surprisingly, most of these countries also entered industrialization late. While the burgeoning Germany’s industrial output surpassed Great Britain’s by the start of the 1900s. Spain in particular remained reliant on agriculture and ore exports. What did Spain experience during the tumultuous Industrial Revolution of the 1800s?

10 Things to Know About Catalan Economy of the 18th Century

From the devastation of the Spanish Succession War that the 18th century introduced, Catalonia emerged with a flourishing economy that exploited the reforms of Spain’s new Bourbon Kings. Here are 10 things to know about Catalonia's economic revival during that century:

Economic Miracle of Catalonia in the 18th Century

After suffering more than a decade of war and devastation in its wake, the people of Catalonia dreaded their future in the hands of their victor, King Felipe V (Philip V) of Spain. Either they continue to fight to the very end or make the best out of a bad situation. Their decision dictated their fate in their future in the economic life of Spain.

Darius the Great - the Zenith of Persian Empire

“Darius the King says: Ahuramazda, the greatest of the gods, created me, made me king, bestowed upon me this kingdom, great, possessed of good horses, possessed of good men.” 
– Darius, Palace foundation inscription

Doc Recap: Treaty of Shimoda

In 1855, Putiatin returned to Japan to conclude a treaty delayed for over a year. The Treaty of Shimoda established formal relations between the two countries.
Putyatin in Nagasaki

Huitzilihuitl - the Second Tlatoani of the Aztecs

What do you search for a date in Tinder?


Is it the face, the body, or hobbies and interest. The 2nd leader of the Aztecs looked beyond this stuff and focused on the political value. Huitzilihuitl combined a heavy dose of marriage diplomacy with a dash of Zeus-like romance giving an entertaining story of skillful diplomacy and betterment of Aztec standard of living.

8 Things to Know About Chinampas

The chinampas brings out captivation and the poster child for Aztec "ingenuity". Here are 8 things to know about this agricultural and engineering marvel:
1st drawing of maize to be seen in Europe

Feeding the Aztec Empire - the Chinampas

An ingenuity born out of resourcefulness of the Mesoamericans. The Chinampas sustained Mesoamericans for centuries even before the Aztecs rose to power. Its concept inspired solutions in answering today’s problems.

10 Things to know about the Industrial Revolution of France

France is a major economy in Europe and in the world and much of its industries witnessed their growth during the 19th century that saw an explosion of innovation and advancements. Here are 10 things to know about the industrial revolution of France:

6 Projects of the Self-Strengthening Movement


In the 1860s with the country facing imminent collapse, the Tongzhi Restoration gave a sigh of relief for the ailing Qing Dynasty. After the Second Opium War and gains against numerous rebellions, prominent officials started the Self-Strengthening Movement aimed at developing the economy and modernizing the military. The Movement established several projects aimed to contribute to the country’s modernization.

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